AGP Executive Report
Last update: 6 hours agoSME Banking & Cash Management (UAE): Pemo launched its first Shariah-compliant business account for UAE SMEs with ruya Community Islamic Bank, bundling spend management, corporate cards, payments and surplus-cash placement into a Wakala deposit (profit up to 3.75%) plus AI insights to spot idle cash. Defense Supply Chain (Israel): BOS secured about $1.9m in purchase orders for an air defense project, supplying electromechanical connectors via Israeli subcontractors, with deliveries expected through 2028. Counter-Drone Push (US): Change Agents formed Autonomous Air Defense LLC and added retired Major General Malcolm Frost to its advisory boards as it targets C-UAS and autonomous drone surveillance opportunities. Retail & Services Expansion (Kuwait): Aqua-Tots opened a new swim school location in Sabah Al Salem, Kuwait, continuing its Gulf expansion with year-round water safety education. Fintech for Workers (MENA): etoro and Papaya Global partnered to launch etoro work powered by Papaya Global’s Banco, linking pay to investing with education and community. Energy Costs (Middle East): Local fuel prices eased slightly after recent spikes, with diesel and gasoline rolling back by less than P1/L while kerosene fell more, easing pressure on drivers, farmers and small businesses.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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